Appraisals for Estate Settlement by The Appraisal Firm
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the departed as promptly and respectfully as possible. You can count on us to act quickly and with as much compassion to the feelings of everyone involved.
Lawyers and accountants rely on our conduct when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Usually, the parties involved will have differing suggestions of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Due to our familiarity in working with attorneys and accountants and other agencies, we compose appraisal reports that definitely outdo all expectations.
Contact us immediately to discuss your personal estate appraisal essentials and how we can put our experience to work for you.
Settling an estate generally demands an appraisal to acquire fair market value for the estate in question. We know that in times like this, acquiring an appraisal is the furthest thought from your mind. Due to this, now and then the date of death differs from the time the appraisal is needed. Our professional staff is knowledgeable about the systems and requirements obligatory to perform a retroactive appraisal with an effective date and fair market value estimate matching the date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) attunes our company to confidentiality, certifying the fullest degree of privacy for you and your loved ones.
Often, people do not fully realize the requirement to have a detailed real estate appraisal prepared in support of the numbers being used in tax documents filed with the IRS and CA state agencies.
One of the most significant requirements in an appraisal report is an appraiser-supported opinion of value in a detailed reason as to how the appraiser came to his conclusion. This sort of report will clearly show your claim that the numbers within within the report are well-founded and accurate.
Having a professional appraisal from The Appraisal Firm gives the executor irrefutable facts and figures to work with in exceeding IRS and CA state agency requirements. It assures peace of mind to everyone concerned because we assure you that we will stand behind the report if it is ever refuted.
One of the most important requirements in an appraisal report is an appraiser-backed opinion of value in a comprehensive reason as to how the appraiser came to his conclusion.